IREL pays dividen of Rs 50 cr to GoI

IREL (India) Limited, a CPSE under DAE, has issued 100% equity bonus shares amounting to Rs. 86.36 crore. IREL also paid to the Government of India an interim dividend of Rs. 50.00 crore for the year 2020-21. Despite pandemic COVID-19 situation, IREL made all efforts in 2020-21 to sustain the performance achieved during the previous year 2019-20 and similarly complied with the advisory issued by DIPAM to pay interim dividend. On the occasion, share certificate for allotment of bonus shares and the interim dividend cheque of Rs. 50 Crore were presented to K N Vyas, Chairman, AEC and Secretary, DAE by D Singh, CMD, IREL in the presence of A R Sule, Joint Secretary  (I &M), DAE and A Roy Chowdhury, Director (Finance), IREL.